The Sustainability Consortium (TSC) is a network of over 100 companies that was formed with the goal of creating a Sustainability Measurement and Reporting System (SMRS) that could be used by Walmart, or any retailer, across their wide assortment of product categories.
The vision of TSC is to advance science to drive a new generation of innovative products and supply networks that address environmental, social, and economic imperatives. EDF is working closely with TSC to provide the science and business expertise needed to ensure more sustainable supply chains and reduced emissions in the future.
EDF has been a member of TSC since its inception and have since taken on a leadership role on their Board of Directors (we hold one of only two NGO Board seats). On the ground in Bentonville, our work is twofold:
- Provide input to TSC to ensure that “Sustainability Toolkits” for product categories are based on the latest science and address our priorities;
- Implement the toolkits through the Sustainability Index, which provides companies with the ability to measure and track the sustainability of the products they buy and sell. We work closely with Walmart’s Sustainability team, and in some cases directly with Walmart buyers, on things like setting sustainability goals and communicating with suppliers.
TSC has Sustainability Toolkits ready to be used in some 250 product categories, all of which have been implemented through the Index. While the Sustainability Toolkits were previously only implemented in-house at Walmart, they are now easily implementable by all TSC members (and nonmembers) through the new SAP Product Stewardship Network (PSN).
The PSN already has approximately 1,700 companies reporting against TSC Key Performance Indicators (KPI). Companies can share KPI responses with any other PSN user/retailer with no need to resubmit data. This marks a major milestone in TSC’s development and a huge opportunity for action.
As we continue to roll out the Index with Walmart’s buyers and suppliers, we hope to also see other retailers follow in Walmart’s footsteps and begin implementing the work of The Sustainability Consortium. Imagine how impactful it would be if Ahold, Marks & Spencer, Tesco, Kroger (all TSC members) and others would join with Walmart in sending these same supply chain signals to their suppliers!